The Falling Time Cost of College: Evidence from Half a Century of Time Use Data

Philip Babcock and Mindy Marks

No 15954, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: Using multiple datasets from different time periods, we document declines in academic time investment by full-time college students in the United States between 1961 and 2003. Full-time students allocated 40 hours per week toward class and studying in 1961, whereas by 2003 they were investing about 27 hours per week. Declines were extremely broad-based, and are not easily accounted for by framing effects, work or major choices, or compositional changes in students or schools. We conclude that there have been substantial changes over time in the quantity or manner of human capital production on college campuses.

JEL-codes: J22 J24 (search for similar items in EconPapers)
Date: 2010-04
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Published as Philip Babcock & Mindy Marks, 2011. "The Falling Time Cost of College: Evidence from Half a Century of Time Use Data," The Review of Economics and Statistics, MIT Press, vol. 93(2), pages 468-478, December.

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Journal Article: The Falling Time Cost of College: Evidence from Half a Century of Time Use Data (2011)
Working Paper: The Falling Time Cost of College: Evidence from Half a Century of Time Use Data (2010)
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